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Lupin reports over 3-fold jump in Q2 consolidated net profit

09 Nov 2023 Evaluate

Lupin has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported over 3-fold jump in its net profit at Rs 548.61 crore for the quarter under review as compared to Rs 148.62 crore for the same quarter in the previous year. Total income of the company increased by 29.55% at Rs 3,684.83 crore for Q2FY24 as compared to Rs 2,844.33 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 495.32 crore for Q2FY24 as compared to Rs 134.47 crore for the same quarter in the previous year. Total income of the company increased by 22.08% at Rs 5,078.96 crore for Q2FY24 as compared to Rs 4,160.46 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1795.90
Dr. Reddys Labs. 1201.85
Cipla 1338.80
Lupin 2013.20
Zydus Lifesciences 1127.10
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